United States: The Fourth Industrial Revolution: Legal Issues Around Blockchain

in hive-148441 •  4 years ago 

In the next decade, technology will move from automating and replacing manual labor to replacing routine cognitive work, and blockchain is expected to be the main engine of the fourth industrial revolution.

Blockchain currently enables many uses including tokenization to protect sensitive data, immutable time stamps, transferring assets over payment channels, and simplifying smart contracts.

Stakeholders in blockchain solutions must ensure that their products comply with the legal and regulatory framework that has not been structured with this technology.

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